$ETH is indeed building strength, with the price consolidating on low volume around 1900 before touching 1920 today and then pulling back. The positive side is that ETH is more resilient than $BTC, with ETF net inflows of $30.9 million on the 17th, indicating that funds have not clearly withdrawn. Next, watch whether 1920 can hold, followed by the resistance at 1940. Clearing both levels would give 2000 a chance; until it holds, $ETH remains range-bound. 🚀

On August 19, Unitree Technology surged 629.44% on its first day of trading, with its share price reaching 1,100 yuan. Why has the market assigned Unitree such a high valuation? The core logic can be summed up in four words: valuation anchoring. When an industry is just emerging, there are no reference points, and no one knows how to price it. Mainstream market analysis believes that, as the first A-share humanoid robot manufacturer to go public, Unitree’s listing price will provide an important pricing reference for the entire embodied intelligence sector, while its market valuation level will also influence, to some extent, the capital-market valuation system for similar companies that follow. In the past, robots were more often exhibits, showing off technical capabilities in laboratories and appearing at exhibitions. But starting with Unitree’s listing, the market will focus on whether products can be mass-produced, whether they can generate profits, and whether they can form a genuine business model. Moving from products to productization is the most critical leap for the robotics industry. However, the first-day gain cannot be directly equated with long-term value. Investors still need to monitor the company’s revenue structure, profitability, technological iteration, industry competition, valuation level, and subsequent information disclosures. Looking overseas, the three major U.S. stock indexes all closed lower last night, with the Nasdaq falling 1.33%. Which sectors fell the hardest? Precisely those that had risen the most previously, including memory, chips, optical communications, and AI cloud services. Several overseas memory, optical communications, and AI technology companies saw substantial volatility in their stock prices, with short-term gains and losses shifting extremely rapidly. The relevant assets had still been rising the previous day, but saw clear pullbacks overnight, highlighting the market’s pronounced volatility. Bitcoin, meanwhile, showed strong resilience. After surging to 65057 last night, Bitcoin entered a period of pullback and consolidation; a short-term correction is a normal pause following an advance. On the news front, developments related to the U.S. and Iran did not significantly impact the market. Buying support around 64000 remained adequate, while whale funds built long positions, providing financial support for the bulls. Going forward, the outlook remains bullish, with the bulls expected to continue advancing toward the previous high. #宇树科技上市首日大涨629% $BTC ‌$ETH $UNITREE ‌ ‌

8.19 ETH Morning Silk Road Set up shorts around 1918–1928 on the rebound Defense at 1942, first target 1895, second target 1875 On the one-hour timeframe, the price is facing resistance after a surge, and the market remains range-bound at high levels. The MA7 is flattening, while selling pressure is concentrated around 1918–1928. The MACD red bars continue to contract, indicating weakening bullish momentum, and the market is in a corrective phase after the surge. Wait for resistance on the rebound before setting up shorts; do not chase the rally, strictly control position size, and use stop-losses.